As others have mentioned there are ways to get properties with only 5%/10% down, however in my opinion this strategy is the most useful for a pure buy&hold play.If you're looking to BRRRR then putting 5% down isn't optimal, because you'll be hit with CMHC fees right off the bat, and you'll have to increase your equity in the property past 20% anyways before you can touch any of the appreciation you forced through renovations.

Getting caught up in a poorly maintained building can create some tension (that I haven't experience yet, thank goodness), between Owner and Manager.  

However, initially, a midsized rehab would work most optimally for relationship building.

I'm looking to do some passive ri while maintaining the 9-5 job.

3) Trucking Carrier (On The Road Trucking); I manage all the load details, maintain the tax details for monthly filings, keep us up to date on any compliance filings, and keep the truck moving, from one state to the next! 

My wife and I are also pretty handy with maintaining a house - we've done plenty of work on our own houses through the years, repairing sheet rock, installing microwaves and ceiling fans, etc, etc. and we are not afraid to look up how to on youtube.

#3 Expired listings on MLS#4 Well optimized website#5 CL#6 FSBOs#7 Driving for dollars.

Our company, Riviera Maya Property Consultants, manages properties for our clients, helping to check in/ check out guests, maintain the properties, clean them and even rent them.

I respond that its is not that they lie but rather that to be successful in this business they needed to have endless optimism.

However, an alternative is to wait until the market appreciates while still maintaining cash flow, then sell it to put the profit funds into a greater investment with greater cash flow.